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Joint Arrangements (Tables)
12 Months Ended
Dec. 31, 2024
Subclassifications of assets, liabilities and equities [abstract]  
Disclosure of joint ventures
Summarized below is the financial information for HCML accounted for using the equity method.
Results of Operations
For the years ended December 31,20242023
Revenue736615
Expenses605545
Net Earnings (Loss)13170
Balance Sheet
As at December 31,20242023
Current Assets (1)
441334
Non-Current Assets1,5941,751
Current Liabilities188140
Non-Current Liabilities
1,0461,188
Net Assets801757
(1)Includes cash and cash equivalents of $108 million (December 31, 2023 – $111 million).
Summarized aggregate financial information is shown below:
For the years ended December 31,
2024
2023
Cenovus's Share of Net Earnings (Loss)
(16)(1)
Cenovus's Share of Other Comprehensive Income (Loss) (2)(2)
Cenovus's Share of Total Other Comprehensive Income (Loss) (18)(3)